$BTC 😁 The weekly chart formed a bullish engulfing pattern, and the weekly line is expected to approach the descending trend line at 109000 near the 3-day line. In extreme cases, it may touch 110400. 😬 The higher we go, the greater the pressure. I still don't expect a continuation above the previous high, especially since the daily level is showing a V-shaped recovery. A rise without a pullback is definitely unhealthy. Tomorrow, we will close the monthly and quarterly charts. ☺️ The monthly and quarterly charts are likely to show a pullback, initially looking at the CME gap around 107000. If the pullback finds support and rebounds without breaking above the high of 109500, then we will continue to see levels around 106300/105000. The strength of next month's pullback will determine the height of the sustained highs for next month and the next quarter. The bull market is not over; next month's pullback below 102000 is still an opportunity for strong mainstream positioning, such as SOL/ETH/LTC/DOGE, etc.

💁 Daily chart focus on upper resistance: 109300/110400

Lower support: 107100/106200